RD Calculator — Recurring Deposit Maturity
Find your RD maturity by entering monthly deposit, interest rate and tenure.
Formula
A = Σ M × (1+i)^(n-k+1) for k=1..n, where M = monthly deposit, i = monthly rate, n = total months.
Example
₹5,000/month RD @ 6.5% for 5 years → ₹3,55,034 (deposited ₹3,00,000, interest ₹55,034).
Frequently Asked Questions
Is RD interest tax-free?
No. Interest is taxable at your slab rate; TDS applies above ₹40,000/year.
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